WeGrow works in the financial inclusion space providing microloans and promoting entrepreneurship amongst the vulnerable section of the society.
To build a financially inclusive society by providing quality financial services and other holistic development initiatives for the underprivileged section (specially women).
To offer reasonable, accessible and affordable financial services to 2,00,000 financially vulnerable population by the year 2025 across the eastern & north eastern states in India in order to enhance their quality of life.
Felicitated with the award for having the “Highest Portfolio in West Bengal ”
25Cr. Portfolio reached.
32k members reached.
10k members reached; Credit plus activities initiated.
Reached up to 5k members, Support of SIDBI was roped in.
Operations Initiated; First branch opened at Basirhat.
With the vision of building a happy and prosperous society through the overall development of poor women, Belghoria Janakalyan Society set off its microfinance service under the able leadership of its chief promoter Shri Bishwajit Das in 2006.
Spread across 6 districts covering both South and North Bengal in its 13 long years of existence with 27 branches, it champions itself as providing ethical microfinance to the poor, marginalized and underprivileged section of the society, especially women. It has a client base of 28,852 with a present portfolio of 4,329.04 Lakhs.
With one field office at Basirhat, 5 Staffs, 3Lakhs loan disbursed to 60 Clients the ball was set rolling in 2006. And then year after year each annual report saw figures scaling. Hence there came a need to perform more efficiently, bringing about self-sustainability and profitability, surviving in an increasing competitive microfinance market place and above all paying more attention to customer needs. This coupled with a regulatory environment, enabled BJS’s transformation from an NGO MFI to a NBFC in the year 2019.